My take on it is that they will complete another underwritten placement similar in nature to the one conducted in April - May. The bridging loan is just there so they can continue to operate until this is completed.
Unless the price of silver stages a miraculous turnaround I can't see any other way out.
The US govt carry on is boosting the AUD, which is in turn depressing the POS even further.
My take on it is that they will complete another underwritten...
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